China shares slump most in 7 months as tightening fears mount

China shares slump most in 7 months as tightening fears mount
* SSEC -2%, biggest drop since July 2020, CSI300 -2.6%* Materials, consumer shares lead losses* Analyst sees investors rotating out of consumer sharesSHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns… Read More

Indian shares rise after strong earnings; Tata Steel jumps

Indian shares rise after strong earnings; Tata Steel jumps
A broker trades on his computer terminal at a stock brokerage firm in Mumbai, India, January 20, 2016. REUTERS/Shailesh Andrade/FilesBENGALURU (Reuters) - Indian shares rose modestly on Wednesday as a string of upbeat corporate earnings supported risk sentiment, with Tata Steel leading broad-based gains.The NSE Nifty 50 index was 0.20% higher at 15,138.30 by 0350… Read More

Australia shares climb on improving U.S. stimulus hopes, no new local virus cases

Australia shares climb on improving U.S. stimulus hopes, no new local virus cases
* Vocus surges on buyout offer* Miners lifted by higher iron ore prices* NZ closed for Waitangi DayFeb 8 (Reuters) - Australian shares rose on Monday, with strengthening global risk sentiment as U.S. President Joe Biden’s $1.9 trillion COVID-19 package looked more certain of being pushed through, while investors also cheered an improving local coronavirus… Read More

Australia shares post best weekly jump in 3 mths as banks shine on c.bank’s policy support

Australia shares post best weekly jump in 3 mths as banks shine on c.bank’s policy support
* Financials hit their highest in 11 months* Afterpay closes at a record high* Big dividend paying stocks in favour after RBA comments - broker (Updates to close)Feb 5 (Reuters) - Australian shares ended higher on Friday, posting their best weekly jump in more than three months, led by gains in financials after the Reserve… Read More